BUSINESS

Greek stock index remains northbound for fourth session

The main index of the Greek bourse grew for a fourth consecutive session on Tuesday, albeit at a smaller rate than on previous days, despite the negative climate that has dominated international markets.

Non-banking blue chips kept the benchmark afloat in the face of banks and the majority of stocks in general posting declines.

The Athens Exchange (ATHEX) general index closed at 1,212.60 points, adding 0.37 percent to Monday’s 1,208.14 points.

The large-cap FTSE/ATHEX 25 expanded 0.27 percent to 394.99 points, but the mid-cap index contracted by 0.03 percent.

Marfin Investment Group outperformed with 3.45 percent growth, with Folli Follie expanding by 2.98 percent.

Hellenic Exchanges gave up 2.33 percent and National Bank fell 1.46 percent.

In total 57 stocks registered gains, 72 recorded losses and 19 stayed put.

Turnover amounted to 65.9 million euros, down from Monday’s 103 million euros.

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